vRAN (Virtualized Radio Access Network) a $2.6 Billion opportunity, says SNS Research report
DUBAI, UAE. 9th January 2017: SNS Research's latest report indicates that global spending on vRAN (Virtualized Radio Access Network) infrastructure and software is expected to reach $2.6 Billion annually by 2020.
vRAN refers to a RAN (Radio Access Network) implementation where some or all baseband functions are separated from the remote radio unit and run as VNFs (Virtualized Network Functions) on commodity hardware. This approach results in multiple operational benefits including but not limited to TCO (Total Cost of Ownership) reduction, performance gains and scalability. In addition, vRAN enables mobile operators to future-proof their networks for 5G upgrades.
The vRAN market is presently at a nascent stage with most investments focused on virtualized small cells for targeted greenfield deployments and pilot engagements for macrocell coverage. However, as mobile operators realize the benefits of RAN virtualization, the market is expected to grow at a CAGR of approximately 125% over the next three year period. By the end of 2020, SNS Research estimates that vRAN deployments will account for a market worth $2.6 Billion.
The “vRAN (Virtualized Radio Access Network) Ecosystem: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of the vRAN ecosystem including enabling technologies, key trends, market drivers, challenges, standardization, collaborative initiatives, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for vRAN investments from 2017 till 2030. The forecasts cover multiple submarkets and 6 regions.
The report will be of value to current and future potential investors into the vRAN ecosystem, as well as enabling technology providers, vRAN solution providers and mobile operators who wish to broaden their knowledge of the ecosystem.
For further information concerning the SNS Research report "The vRAN (Virtualized Radio Access Network) Ecosystem: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts" please visit: http://www.snstelecom.com/vran
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About SNS Research
SNS Research is one of the most foremost market intelligence and consulting firms for the worldwide telecommunications industry, with a particular focus on wireless infrastructure and mobile devices. Developed by leading industry analysts our market intelligence and consultancy services provide unique insights to the global telecommunications industry with information ranging from niche details of mobile handset models to tracking to large network infrastructure contracts and cellular network operator metrics. Whether your focus is strategic decision making, service development, investment or marketing, our services will allow you to make optimal decisions with self-assurance.